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CASPIAN PIPELINE CONSORTIUM
Surge in Black Sea attacks adds to strain on global commodity flowsAttacks on Black Sea shipping routes are disrupting global grain and oil supplies. Ukraine and Russia have intensified strikes on each othe...
Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensionsOil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks ar...
Oil Price Today (July 24): Crude oil dips below $100 but up 13% this week as supply tensions mount. $120 per barrel possible?Brent futures fell 81 cents, or 1%, to $99.68 a barrel at 0126 GMT, but were still set for a 13.5% rise this week. West Texas Intermediate ...
Oil set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cutsOil prices are poised for weekly gains amid Red Sea shipping concerns. Houthi attacks on tankers have raised fears about a key shipping rou...
Global Market Today: Asian stocks fall on tech selloff, oil trades above $100Asian stocks declined following a Wall Street tech selloff and investor doubts about artificial intelligence returns. Oil prices held their...
Kazakhstan condemns attack on vessels carrying hydrocarbons in Black SeaKazakhstan condemned UAV attacks on vessels transporting oil via the Caspian Pipeline Consortium infrastructure. These attacks are viewed a...
Russian attacks kill 6 in Kyiv, other cities; expose gaps in Ukraine's air defencesMoscow has in recent weeks stepped up its use of ballistic missiles as it seeks to choke off Ukrainian strikes on oil facilities deep insid...
Two oil tankers attacked near key CPC loading terminal in the Black SeaTwo oil tankers were attacked near the Caspian Pipeline Consortium's Black Sea loading terminal, a key export route for Kazakh crude. The s...
Oil extends gains on strong US demand hopes, Russia supply concernsOil prices rose on Friday, heading for a weekly gain due to falling inventories of U.S. gasoline and distillate indicating strong demand. C...
Oil gains on U.S., Russia supply curtailments as market seeks Ukraine talks clarityOil prices rose amid U.S. and Russian supply disruptions and anticipation of Ukraine peace talks. Brent crude reached $76.04 per barrel, wh...
Brent oil prices tick down after gaining on Caspian pump station attackBrent crude prices paused in early trading after gaining due to a drone attack on a Russian oil pipeline. Brent futures slipped slightly wh...
Drones attack Russian oil refineries near major oil port, officials sayAt around 0100 GMT a drone struck the Afipsky oil refinery in Russia's Krasnodar region, causing a fire which was later extinguished, Gover...
Oil mixed as market weighs tight supply against recession jittersBoth contracts posted weekly declines last week as the market was dominated by worries that rising interest rates to curb inflation would s...
Oil drops as supply crunch fears ease, trading costs riseDespite the declines, both contracts were headed for their first weekly gains in three weeks, with Brent on track for a 10% jump and WTI on...
- India to pay $13 per unit for natural gas from TAPI Pipeline
India will pay $13 for buying natural gas through the much-celebrated TAPI gas pipeline and will take indirect responsibility for safe tran...
India to ensure safe gas transit from TAPI; to pay $13 a unitIndia will pay $ 13 for buying natural gas through the much-celebrated TAPI gas pipeline and will take indirect responsibility for safe tra...
- Russia, Kazakhstan to double Caspian oil pipeline capacity
Russia and Kazakhstan have agreed to double the capacity of a Caspian region pipeline that should help open up Central Asian oil fields to ...